Melania Trump Launches $MELANIA Crypto Token

 
Ritu Lavania
Written By 
Ritu Lavania
January 20, 2025

A day after the U.S. President Donald Trump launched the $TRUMP memecoin, the First Lady of the country, Melania Trump, also launched her own memecoin, $MELANIA on 19 January .

Melania Trump’s $MELANIA Launch

Trump shared on his Truth Social the launch of an official token named “Melania Meme” ($MELANIA) by his wife, Melania Trump. Experts believe that the newly launched Melania token, valued at several billion dollars, differs structurally from the $TRUMP token.

The creator wallet was reportedly funded by a wallet previously active on PumpFun, and no multisig mechanism has been identified, unlike $TRUMP, which had one set up pre-launch.

Courtesy: Coinmarketcap

The Melania Meme ($MELANIA) market price is valued at $11.74 after a surge of 60.33% in the past day, and its 24-hour market volume has grown to $398.16 million.

Donald Trump’s $TRUMP Market Trends

Launched few days before Trump’s oath ceremony, the $TRUMP memecoin has already found its way to major cryptocurrency platforms, including Coinbase and Binance.

Courtesy: Coinmarketcap

As for its performance, the Official Trump ($TRUMP) market price is valued at $51.21 after a surge of over 81.92% in the past day. Meanwhile, its 24-hour market volume has also grown by over 258%, reaching $40.2 billion. The project has already achieved an impressive milestone, with a market cap of $9.9 billion.

Trump’s pro-crypto move proved significant in his 2024 U.S. Presidential race, and his strong promises to make America the crypto capital of the world struck a chord with both crypto veterans and degens. However, the crypto advocacy was not just a political feat but also turned into a strategic business move, with the release of his World Liberty Financial (WLFI) token on October 15, 2024.

Recently, on-chain data analytics platform Spot On Chain revealed that Trump’s World Liberty Project currently holds 32,852 $ETH (~$106M) and has a significant amount of $ETH on Coinbase, which was deposited a few days ago. The data anlaytics platform stated, “Again, while everyone is hyping the $MELANIA token launch, Trump’s World Liberty (@worldlibertyfi) just bought 4,869 $ETH by swapping 16M $USDT in the past hour.”

 

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Ritu Lavania
Written by Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She is part of the team at CryptoNewsZ, where she writes insightful and engaging content. She has also contributed to TheCryptoTimes and The Coin Edition, where her work has been well received by the crypto community. Skilled in research, creative writing, SEO, and cross-functional collaboration, she creates content tailored to diverse audiences. ionate about education, she dedicates time to teaching kids and expressing herself through poetry. Always eager to learn, she continuously explores new trends in blockchain and digital assets. She believes in the power of storytelling to make complex crypto topics more accessible and engaging for readers worldwide.